IASB Lease New Standards

Major accounting changes are on the way under IFRS 16, which will especially impact global public companies — Visual Lease provides a trusted resource to meet these IASB lease new standards.

Here at Visual Lease, we have developed software that utilizes over 20 years of experience in the industry and has faithfully served over 350 clients across a wide range of industries. These even include huge, recognizable Fortune 500 businesses.

The deadlines for IASB lease accounting updates are fast approaching, and your company and its accounting team will need to make necessary changes to lease accounting processes in order to achieve compliance. This is not work that can be left until the last minute — it’s important that your business get ahead of this important accounting issue and Visual Lease can help.

 

Helping clients adopt sound IASB lease accounting practices

With the IASB IFRS 16 module found in Visual Lease, you can have the peace of mind that our software is keeping your business in compliance with the IASB lease new standards. Visual Lease is versatile and automates what would otherwise be tedious processes, such as migrating data:

  • In native languages
  • In multiple currencies
  • From different repositories
  • And more

Visual Lease doesn’t just provide you the software and let your business fend for itself in achieving compliance with the IASB lease accounting updates — we work with you to provide streamlined implementation, configuration and a wide range of other important services, such as data migration and lease abstraction.

Thanks to its ability to integrate with more than 50 different accounting and ERP programs, you can send journal entries over to existing software instead of having to enter the data in twice.

Talk to our team of lease experts about the changing IASB lease new standards and how Visual Lease can serve as an asset. Our team is standing by to hear from you.